NEW DELHI: Agriculture cooperative NAFED on Wednesday invited bids for importing 3,000 tonnes of RBD palmolein to be delivered by next month. Bids will close on March 22 and the decision on the tender will be taken on the same day, the cooperative said on its website.
"The bids should be made for the entire tender quantity. Parties have an option for quoting additional quantities in multiples of 500 tonnes," Nafed said.
Bidders should source RBD palmolein from either Indonesia or Malaysia. The shipment should reach Haldia port, in West Bengal, by April 15, it said.
India, the world's largest importer of vegetable oil, has purchased 2.63 lakh tonnes of RBD palmolein from the overseas market in the last two months while in the same period last year it had imported 2.04 lakh tonnes, according to trade data.
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